Tuesday, June 2, 2020

Budget cuts at UT-Austin will likely bring furloughs and layoffs, campus leaders say - Naomi Andu, Texas Tribune

University of Texas at Austin leaders are working on a second phase of budget cuts in response to the coronavirus pandemic, and those cuts will likely include furloughs and layoffs, university President Greg Fenves and incoming interim President Jay Hartzell said in an email to faculty and staff Tuesday. In the second phase, "revenue-generating units" whose budgets primarily depend on paying customers will work with the provost's and chief financial officer's offices to contain costs. "For these units, the mitigation plans will likely include furloughs or permanent reductions in force for staff members in ... units where revenues have declined," the email reads.
https://www.texastribune.org/2020/05/19/budget-cuts-university-texas-austin-furloughs-layoffs/